Viewpoint: Bitcoin Whale Did Not Accumulate a Large Amount of Bitcoin

On January 5th, Starknet’s official team announced via social media that its network is currently experiencing downtime. The team is actively investigating the issue and working to restore full functionality as soon as possible.

On January 5, GoPlus posted on social media noting that an account named “ShittymikeSol”—purporting to be a $PNUT project developer—had publicly pushed a “get rich quick” story on social platforms: “turn $1,000 into $18 million in one month.” The account also claimed to lead users to “replicate this success” via live stream. But an investigation found the token showed classic “rug pull” signs, exposing a coordinated scheme to rip off retail investors. On December 29, 2025, ShittymikeSol tweeted about the “first real alpha trade after a year off,” saying they’d put $500 into $HNUT, which skyrocketed to $200,000 in a day—then cashed out at the peak the next day for a $700,000 profit. The tweet also told users to follow suit and join their Telegram group. But the community quickly reported $HNUT crashed 99.99%, pointing to a likely rug pull by the project team. After on-chain analysis of the $HNUT team’s wallet, GoPlus found no significant profits there. Still, tracking early large

**Jan 5 (DefiLlama) — Perpetual DEX Volume Rebounds; Hyperliquid Open Interest Hits 30-Day High** Perpetual decentralized exchange (Perp DEX) total trading volume saw a modest rebound over the past 24 hours, with Aster leading at ~$38.8 billion in 24-hour volume. Concurrently, Hyperliquid’s open interest (OI) continued climbing, rising ~15% week-over-week to a nearly 30-day high — a sign of elevated short-term risk. Key Perp DEX Metrics (24h Volume | TVL | Open Interest): - Aster: ~$38.8B | ~$12.5B | ~$26.3B - Hyperliquid: ~$34.8B | ~$42.3B | ~$81.7B - Lighter: ~$33.9B | ~$12.6B | ~$14B - EdgeX: ~$28.3B | ~$3.58B | ~$8.88B - Paradex: ~$17.8B | ~$1.72B | ~$8.16B - Variational: ~$16.1B | ~$66.18M | ~$8.4B - Pacifica: ~$6.77B | ~$43.11M | ~$77.34M *(Note: All figures from DefiLlama, 24h as of Jan 5)*

On January 5, per monitoring from HyperInsight (via its Telegram channel: https://t.me/HyperInsight), the "Lightning Hand" whale closed a BTC short position at a $11,000 loss 1 hour ago. Subsequently, the whale opened two long positions: - 757.18 BTC (~$70.36 million) with 20x leverage, at an average entry price of $92,886.8; - 2,854,502.6 FARTCOIN (~$1.1 million) with 10x leverage, at an average entry price of $0.3847. This rewrite follows U.S. financial news conventions: - Concise, scannable structure (bulleted details for clarity); - Industry-standard terms ("entry price" instead of "position price" for accuracy); - Dollar-sign-first formatting (common in U.S. markets); - Direct sourcing (clear link to HyperInsight’s channel); - Avoids redundant phrasing while retaining all critical data.

January 5th: Per OnchainLens data, a whale address dormant for 19 months has closed its 1x long LIT position, incurring a $767,403 loss on the trade. The address’s cumulative profits have since fallen from $3 million to $420,000.

On January 5, per MLM Monitor, the first batch of 262,400 HYPE tokens (valued at roughly $6.9 million) linked to Tornado Cash-associated wallet clusters has been unstaked and immediately begun being sold. BlockBeats previously reported that on January 2, an entity dormant for more than 12 months unstaked a total of 631,889 HYPE tokens (worth approximately $20.3 million) over three days using three distinct wallets. All HYPE held by this entity was purchased within three weeks following its token generation event (TGE), with funds originating from Tornado Cash. It holds over 4.36 million HYPE tokens in total, and the amount unstaked this time represents roughly 14% to 15% of its total holdings.